Friday 17 April 2026
           
Friday 17 April 2026
       
Business
Bangladesh economy  to recover in FY27
The Asian Development Bank (ADB) has projected a steady recovery for the Bangladesh economy, forecasting Gross Domestic Product (GDP) growth to rise to 4 percent in fiscal year (FY) 2026 and accelerate to 4.7 percent in FY2027. According to the Asian Development Outlook (ADO) of April 2026, released today, this trajectory represents a significant upward ...more
Garment output drops over 30pc
Bangladesh's ready-made garment (RMG) sector is facing a sharp decline in production capacity due to a deepening energy crisis, with industry leaders warning that output has already fallen by 20 to 30 percent as fuel shortages and power disruptions intensify.According to The Daily Industry, the situation stems from volatility in global energy markets triggered by ...more
SMEs continue to power economy
Although the number of economic units or business establishments in the country has increased significantly over the past decade, the foundation of the economy still largely depends on small entrepreneurs.A decline in investment by expatriate Bangladeshis, along with a downward trend in employment in foreign and joint-ownership enterprises, has also been observed. This picture has ...more
Bangladeshi ship resumes voyage after ceasefire
A Bangladeshi-flagged cargo vessel that had been stranded in the Persian Gulf due to escalating conflict in the Middle East has resumed its journey following a ceasefire, offering relief to maritime authorities and highlighting the vulnerability of global shipping routes during geopolitical crises.The vessel, MV Banglar Joyjatra, owned by the Bangladesh Shipping Corporation, set sail ...more
Bank borrowing  exceeds target
Despite a drought in bank lending to the private sector, the government is borrowing heavily, leading to a rapid rise in government debt within the banking system. With three months still remaining in the current 2025-26 fiscal year, the government has already borrowed more than its full-year target. The borrowing target from banks was set at ...more
Lion Kallol opens manufacturing facility at BSEZ
Lion Kallol Limited has announced the official opening of its manufacturing facility at the Bangladesh Special Economic Zone (BSEZ), marking a key milestone in strengthening local manufacturing capacity and expanding its presence in the Bangladeshi market.Built on 3.3 hectares within Bangladesh SEZ Ltd, the facility is a joint venture between Lion Corporation Japan and Kallol ...more
Budget must  support business not taxes
As Bangladesh prepares its national budget for the upcoming fiscal year, economists and business leaders are urging the government to prioritize investment and business-friendly policies over increased taxation, warning that higher levies could worsen the country's ongoing economic crisis.The country is currently navigating a perfect storm of challenges. High domestic inflation, a persistent dollar shortage, ...more
Ex-BB governor Mansur to give deposition in New York court
A significant development has emerged in the widely discussed Bangladesh Bank reserve heist case, with a court in New York ordering former governor Dr Ahsan H Mansur to provide a deposition.According to an internal document from the Bangladesh Financial Intelligence Unit (BFIU), Dr Mansur is scheduled to give his deposition on 10 April in compliance ...more
RMG exports to US severely fall
Bangladesh's ready-made garment sector is experiencing a challenging period in the United States market, with exports declining amid global trade uncertainty and shifting competition.In 2025, the sector struggled in the U.S. due to factors such as reciprocal tariffs, reduced consumer spending, and broader instability in global trade. These challenges have continued into 2026, with demand ...more
CSR spending drops by half
Corporate social responsibility (CSR) spending by Bangladesh’s banking sector has dropped sharply—falling by nearly half in recent years—as profitability weakens under the weight of irregularities, corruption, and structural stress in the financial system.According to the latest data from Bangladesh Bank, total CSR expenditure by banks declined to Tk 345 crore in 2025, down from Tk ...more
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